BUSI 3004 Week 2 QuizSpring Session

Course : BUSI 3004 Entrepreneurship for Small Business
Contributed : Megan
  • $25.00
  • BUSI 3004 Week 2 QuizSpring Session
  1. Question: Most entrepreneurs have difficulty with gathering market information and do not often know where to begin.
  2. Question: Only the pricing element in the business strategy of an international entrepreneur has the potential to be a "elected by the multiplicity of legal environments.
  3. Question: Since bills have to be paid at di"erent times of the year, cash flow projections should be presented monthly.
  4. Question: The business plan presentation for potential investors:
  5. Question: Global entrepreneurs must make sure that each element in the business plan has some degree of congruence with the local culture.
  6. Question: Which of the following interested parties should not have access to the venture's business plan?
  7. Question: For a global entrepreneur, technological environment variations are minimal since firms produce mostly standardized, relatively uniform products that can be sorted to meet industry standards.
  8. Question: The business plan addresses both short term and long term decision making.
  9. Question: Planning the new venture is a process that never ends.
  10. Question: The four Cs of credit are computers, capital, compromise, and collateral.
  11. Question: The depth and detail of a business plan depend on:
  12. Question: When evaluating business plans are primarily concerned with the four Cs of credit.
  13. Question: ….. international trade and investment been generally larger
  14. Question: Typically business plan projections are made in a 36-month schedule.
  15. Question: The organizational plan section of the business plan should describe the venture's form of ownership.
  16. Question: … Is the process of an entrepreneur conducting business activities a cross national borders.
  17. Question: International entrepreneurship is the process of an entrepreneur conducting business activities across national boundaries.
  18. Question: One of the biggest problems international entrepreneurs encounter is coping with technology.
  19. Question: What term describes the practice of paying for goods indirectly through another source?
  20. Question: Which of the following is not an important question an entrepreneur entering the international market should address?
  21. Question: The executive summary section of the business plan should be written first, before other sections are developed.
  22. Question: The executive summary section is only meant to high light key factors and motivate the person holding the plan to read it in its entirety.
  23. Question: Before beginning the business plan, the entrepreneur should define the venture's go al sand objectives. These goals should be .
  24. Question: The business plan is a private document and should not be read by employees and customers.
  25. Question: Transfer risk is the risk in attempting to shift assets or other funds out of the country.
 

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